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Seda Hergnyan

Armenia - Imports Outstripping Exports

In the first half of 2017, Armenia’s trade volume has increased 24% over the same period last year, this according to data from the country’s National Statistical Service (NSS).

Exports totaled $994 million in the first half of 2017 – 21% more than the same period last year.

Imports totaled $1.821 billion in the first half of 2017 – 25.8% more than the same period last year.

Comments (1)

kkt
Considering there has been a significant drop in trade in the last two years, and that the shadow economy has been squeezed, would it not be more accurate to show figures for the last 4 or 5 years? we had real term drops of 20% in 2016, showibg an increase now from a lower base rate gives the wrong impression. secondly, companies which have had stable turnover have showed increased turnover by the books, as the tax office over the last two years has come down hard on the shadow economy. these two factors are vital to show real term changes over the last 3 or 4 years.

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